Skipper Limited Reports Record Q3 FY26 Revenue Of ₹13,706 Million, EBITDA Of ₹1,414 Million, 40% PAT Growth, And All-Time High US$1 Billion Order Book

Skipper Limited has reported a strong performance for the third quarter of FY26, marking another period of sustained growth and improved profitability. The company posted record quarterly revenue of ₹13,706 million, supported by continued momentum across its Power Transmission & Distribution, Telecom, and Railway structures businesses.

This revenue milestone reflects steady progress in executing higher-quality contracts and expanding production capacity. EBITDA for the quarter rose to ₹1,414 million, with margins improving to 10.3 percent, demonstrating the benefits of operating leverage and disciplined project delivery. Profit after tax before exceptional items increased significantly to ₹502 million, a 40 percent year-on-year rise, further reinforcing the company’s consistent financial trajectory.

For the first nine months of FY26, Skipper also delivered its highest-ever cumulative revenue of ₹38,862 million, a 17 percent increase compared to the previous year. EBITDA margins for the period remained at 10.3 percent, supported by efficient execution of transmission and distribution projects and ongoing operational improvements. Profit before tax before exceptional items stood at ₹1,874 million, a strong 38 percent year-on-year growth, while profit after tax before exceptional items rose to ₹1,397 million, reflecting healthy project economics and improved margins.

The company’s order book reached an all-time high of approximately US$1 billion as of December 2025. This strong position is supported by quarterly order inflows of ₹14,286 million, driven by engineering product supply and EPC projects across both domestic and global markets. Skipper secured two significant 765 kV transmission line EPC projects from PGCIL in Uttar Pradesh and Karnataka, strengthening its presence in the high-voltage transmission segment.

For the first nine months of FY26, total order inflows reached ₹46,490 million, reflecting healthy demand and continued competitiveness in domestic and international bids. With a bidding pipeline of nearly US$3 billion, the company anticipates steady visibility for multi-year growth.

Capacity expansion has been another major focus area. A new 75,000 MTPA unit is now fully operational, and an additional 75,000 MTPA expansion is underway, which will bring total capacity to 450,000 MTPA by the end of FY26. Alongside manufacturing expansion, Skipper has also advanced its digital transformation through the implementation of SAP S/4HANA RISE, improving visibility and efficiency across key business functions. The company also achieved the Great Place to Work certification for the fifth consecutive year, reflecting its commitment to employee engagement and workplace culture.

Commenting on the quarterly performance, Executive Director Sharan Bansal noted that Q3 marked another important step in Skipper’s long-term earnings growth journey. He said the record revenue and EBITDA reflect the improvements made in project selection, execution quality, and capacity preparedness, enabling consistent margin expansion. Executive Director Devesh Bansal added that the company’s robust order book and strong bidding pipeline provide substantial visibility for future growth.

He highlighted recent wins such as the 765 kV PGCIL projects and new international customer additions as important milestones strengthening Skipper’s position as a competitive global engineering and EPC player. With ongoing capacity expansion and a focus on execution excellence, Skipper expects accelerated and profitable growth in the coming quarters.

Founded in 1981, Skipper Limited is one of India’s leading companies in the Power Transmission & Distribution sector and a significant player in polymer pipes and fittings. With over four decades of expertise, the company is among the largest manufacturers in India and ranks globally among the top ten in its category.

Its presence spans more than 65 countries across Latin America, Europe, and Africa, supported by a wide portfolio that includes towers, EPC services, monopoles, poles, and railway electrification structures. Under the Skipper brand, the company also manufactures high-quality polymer piping solutions serving both agricultural and plumbing segments. Skipper Limited is listed on the BSE and NSE and continues to expand its footprint across global infrastructure markets.